Page 31 - Macrotech Developers News Today

Kotak has increased weights by 20 bps on Britannia Industries and GCPL to 1.5% each while reducing weight on Macrotech by 40 bps to 1.5%, it said in a note. A sharp increase in profitability over 2HFY23-1QFY24 has sustained valuations of consumption-related stocks despite volume growth remaining "fairly disappointing", the Kotak note said.

In order to avoid multiplicity of proceedings and contradictory judgments on the same issue between the same parties, the doctrine of "estoppel by election of remedy" has to be applied, held NCDRC.

Of the suspended projects, 20 were in Mumbai city limits and three belonged to Macrotech Developers.

In the mid cap segment, a dozen companies witnessed prominent block deals on-screen that were worth Rs 4,163 crore

In 2022, the company had announced an investment of close to Rs 4,000 crore over the next 5-7 years for becoming net zero-carbon.

Jefferies has recommended a ‘buy’ on the company’s stock with the target price set at Rs 860 per share.

This article explores the importance of RSI and why assessing stock movements based on RSI is crucial. We examine 10 such stocks and shed light on the nuances of this intriguing pattern, offering insights for potential investors.

The domestic indices were dragged by banks, financials, automobile, metals, technology and consumer durable stocks. The 30-share BSE Sensex slipped 159 points or 0.24 per cent to trade at 67,062, while the NSE Nifty was down 36 points or 0.18 per cent to trade at 19,957.

Biggest gainers on the Nifty were Adani Ports, Adani Enterprises, Apollo Hospitals, Axis Bank and Power Grid Corporation, while losers included Jio Financial, Coal India, ONGC, Bajaj Finance and L&T

The project was promoted as "an iconic residential building comprising 117 floors and the tallest residential building in the world with several unique and premier features".